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CHS INC（CHSCP）与ENBRIDGE INC（ENB）财务数据对比。点击上方公司名可切换其他公司
CHS INC的季度营收约是ENBRIDGE INC的1.5倍（$8.9B vs $5.7B），ENBRIDGE INC净利率更高（26.2% vs 2.9%，领先23.3%），ENBRIDGE INC同比增速更快（5.3% vs -4.6%），ENBRIDGE INC自由现金流更多（$2.4B vs $-453.8M），过去两年ENBRIDGE INC的营收复合增速更高（7.6% vs -1.2%）
CHS Inc是美国顶尖农业合作社企业，跻身财富世界500强，总部位于明尼苏达州因弗格罗夫海茨，由美国本土农业合作社、农牧从业者及优先股股东共同所有。公司业务覆盖食品加工批发、农资供应、金融服务、零售等多个领域，在北美中西部共19个州分销Cenex品牌燃料，是北美大型连锁便利店运营商之一，同时合资持股植物油生产商文图拉食品。
加拿大恩布里奇公司（Enbridge Inc.）是总部位于阿尔伯塔省卡尔加里的跨国能源管道企业，在加拿大、美国运营管网输送原油、天然气及天然气液，同时布局可再生能源业务。其管网是北美最长、全球规模最大的原油出口管网，拥有近2.9万公里原油管道及超3.83万公里天然气管道。
CHSCP vs ENB — 直观对比
营收规模更大
CHSCP
是对方的1.5倍
$5.7B
营收增速更快
ENB
高出10.0%
-4.6%
净利率更高
ENB
高出23.3%
2.9%
自由现金流更多
ENB
多$2.9B
$-453.8M
两年增速更快
ENB
近两年复合增速
-1.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.9B | $5.7B |
| 净利润 | $260.5M | $1.5B |
| 毛利率 | 4.4% | — |
| 营业利润率 | 1.4% | 34.7% |
| 净利率 | 2.9% | 26.2% |
| 营收同比 | -4.6% | 5.3% |
| 净利润同比 | 6.4% | 246.2% |
| 每股收益（稀释后） | — | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CHSCPENB
| Q4 25 | $8.9B | $5.7B | ||
| Q3 25 | $13.2B | $4.5B | ||
| Q2 25 | $9.8B | $4.8B | ||
| Q1 25 | $3.2B | $6.4B | ||
| Q4 24 | $9.3B | $5.4B | ||
| Q3 24 | $9.2B | $4.2B | ||
| Q2 24 | $9.6B | $4.3B | ||
| Q1 24 | $9.1B | $4.9B |
净利润CHSCPENB
| Q4 25 | $260.5M | $1.5B | ||
| Q3 25 | $196.7M | $575.2M | ||
| Q2 25 | $232.2M | $1.7B | ||
| Q1 25 | $-75.8M | $1.7B | ||
| Q4 24 | $244.8M | $434.4M | ||
| Q3 24 | $111.8M | $1.0B | ||
| Q2 24 | $297.3M | $1.4B | ||
| Q1 24 | $170.3M | $1.1B |
毛利率CHSCPENB
| Q4 25 | 4.4% | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 4.9% | 7.5% | ||
| Q1 24 | 4.0% | 26.2% |
营业利润率CHSCPENB
| Q4 25 | 1.4% | 34.7% | ||
| Q3 25 | 0.4% | 36.9% | ||
| Q2 25 | 0.7% | 35.1% | ||
| Q1 25 | -5.4% | 41.7% | ||
| Q4 24 | 1.5% | 32.8% | ||
| Q3 24 | -0.3% | 38.7% | ||
| Q2 24 | 1.6% | 38.3% | ||
| Q1 24 | 0.7% | 40.0% |
净利率CHSCPENB
| Q4 25 | 2.9% | 26.2% | ||
| Q3 25 | 1.5% | 12.8% | ||
| Q2 25 | 2.4% | 34.9% | ||
| Q1 25 | -2.4% | 26.8% | ||
| Q4 24 | 2.6% | 8.0% | ||
| Q3 24 | 1.2% | 24.3% | ||
| Q2 24 | 3.1% | 32.8% | ||
| Q1 24 | 1.9% | 22.3% |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $374.7M | $798.6M |
| 总债务越低越好 | $1.7B | $72.2B |
| 股东权益账面价值 | $11.2B | $45.5B |
| 总资产 | $20.7B | $159.5B |
| 负债/权益比越低杠杆越低 | 0.16× | 1.59× |
8季度趋势，按日历期对齐
现金及短期投资CHSCPENB
| Q4 25 | $374.7M | $798.6M | ||
| Q3 25 | $327.8M | $1.0B | ||
| Q2 25 | $323.9M | $878.2M | ||
| Q1 25 | $433.3M | $1.5B | ||
| Q4 24 | $795.6M | $1.3B | ||
| Q3 24 | $1.3B | $1.4B | ||
| Q2 24 | $310.1M | $2.6B | ||
| Q1 24 | $633.3M | $886.2M |
总债务CHSCPENB
| Q4 25 | $1.7B | $72.2B | ||
| Q3 25 | $1.7B | $73.4B | ||
| Q2 25 | $1.8B | $70.8B | ||
| Q1 25 | $1.8B | $70.9B | ||
| Q4 24 | $1.8B | $68.2B | ||
| Q3 24 | $1.8B | $63.7B | ||
| Q2 24 | $1.7B | $62.2B | ||
| Q1 24 | $1.7B | $59.4B |
股东权益CHSCPENB
| Q4 25 | $11.2B | $45.5B | ||
| Q3 25 | $11.1B | $47.6B | ||
| Q2 25 | $10.8B | $47.8B | ||
| Q1 25 | $10.7B | $49.8B | ||
| Q4 24 | $10.8B | $48.1B | ||
| Q3 24 | $10.8B | $48.0B | ||
| Q2 24 | $10.9B | $49.1B | ||
| Q1 24 | $10.8B | $46.9B |
总资产CHSCPENB
| Q4 25 | $20.7B | $159.5B | ||
| Q3 25 | $18.9B | $158.4B | ||
| Q2 25 | $19.7B | $154.5B | ||
| Q1 25 | $20.1B | $160.6B | ||
| Q4 24 | $19.6B | $159.9B | ||
| Q3 24 | $18.7B | $150.2B | ||
| Q2 24 | $18.5B | $146.9B | ||
| Q1 24 | $19.2B | $139.2B |
负债/权益比CHSCPENB
| Q4 25 | 0.16× | 1.59× | ||
| Q3 25 | 0.16× | 1.54× | ||
| Q2 25 | 0.17× | 1.48× | ||
| Q1 25 | 0.17× | 1.42× | ||
| Q4 24 | 0.17× | 1.42× | ||
| Q3 24 | 0.17× | 1.33× | ||
| Q2 24 | 0.15× | 1.27× | ||
| Q1 24 | 0.16× | 1.27× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-337.8M | $9.0B |
| 自由现金流经营现金流 - 资本支出 | $-453.8M | $2.4B |
| 自由现金流率自由现金流/营收 | -5.1% | 42.0% |
| 资本支出强度资本支出/营收 | 1.3% | 114.3% |
| 现金转化率经营现金流/净利润 | -1.30× | 5.96× |
| 过去12个月自由现金流最近4个季度 | $-60.0M | — |
8季度趋势，按日历期对齐
经营现金流CHSCPENB
| Q4 25 | $-337.8M | $9.0B | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $696.6M | — | ||
| Q1 25 | $-1.0B | $2.2B | ||
| Q4 24 | $-294.0M | $9.2B | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $556.9M | — | ||
| Q1 24 | $-249.6M | $2.3B |
自由现金流CHSCPENB
| Q4 25 | $-453.8M | $2.4B | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $520.6M | — | ||
| Q1 25 | $-1.2B | $970.9M | ||
| Q4 24 | $-486.6M | $4.3B | ||
| Q3 24 | $845.8M | — | ||
| Q2 24 | $361.6M | — | ||
| Q1 24 | $-453.3M | $1.4B |
自由现金流率CHSCPENB
| Q4 25 | -5.1% | 42.0% | ||
| Q3 25 | 8.1% | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | -38.1% | 15.1% | ||
| Q4 24 | -5.2% | 79.0% | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 3.8% | — | ||
| Q1 24 | -5.0% | 29.0% |
资本支出强度CHSCPENB
| Q4 25 | 1.3% | 114.3% | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 5.2% | 19.6% | ||
| Q4 24 | 2.1% | 90.1% | ||
| Q3 24 | 2.9% | — | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 2.2% | 17.5% |
现金转化率CHSCPENB
| Q4 25 | -1.30× | 5.96× | ||
| Q3 25 | 6.46× | — | ||
| Q2 25 | 3.00× | — | ||
| Q1 25 | — | 1.29× | ||
| Q4 24 | -1.20× | 21.18× | ||
| Q3 24 | 9.96× | — | ||
| Q2 24 | 1.87× | — | ||
| Q1 24 | -1.47× | 2.08× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CHSCP
| Grains | $5.2B | 59% |
| Agronomy | $1.2B | 14% |
| CF Nitrogen LLC | $1.1B | 12% |
| Ventura Foods Llc | $838.2M | 9% |
| Other | $283.9M | 3% |
| ASC Topic815 | $198.7M | 2% |
| West Central Ag Services | $18.0M | 0% |
| Other Guidance | $1.4M | 0% |
ENB
暂无分部数据
